India’s First Online Gems and Jewellery Industry Portal Catering to B2B Segment
puja_bansal_x.jpgBelonging to a jewellery family and being a certified diamond grader as well, Puja Bansal has been actively involved in manufacturing, retailing, and designing; and has showcased her expertise in several events and fashion shows in India and international fashion arena. Launching herself in the year 1998 as a brand under Khandelwal Jewellers Ltd (KJL), Delhi, Puja’s keen interest in jewellery and her passion for designing led her to conceptualize MYHEERA.COM, a unique online platform, presenting itself as a virtual world of a globally connected business to business stage for the gems and jewelry industry. In this interview with Rough & Polished, Puja talks about her ‘one-of-a-kind’ online B2B portal dedicated to the gem and jewellery industry, serving all the options in a single platform.

The downturn should stop by the middle of next year - Maxim Shkadov
maxim_shkadov_x2.jpgThe Production Corporation of Kristall operating in Smolensk is the major diamond cutting enterprise in Russia established in 1963. It was here that a diamond cutting technique now known worldwide under the brand of Russian Cut was born, when this country introduced a processing standard for cutting and polishing diamonds in 1977 with extremely stringent requirements. The aim of the Russian Cut is the icy mathematical ideal setting fire and brilliance free in a diamond. This kind of experience accumulated over half a century makes Smolensk’s Kristall feel confident in the top segment of the global diamond market in spite of the difficulties currently experienced by the industry. In his interview to Rough&Polished Maxim Shkadov, CEO of Kristall tells about his company’s performance and comments on the situation in the diamond market.

Yoram Dvash: Israel's Next Big Diamond Project
yoram_dvash_x.jpgAs Chairman of the Israel Diamond Exchange's (IDE) Industry Committee for the past two years, Yoram Dvash has played a leading role in several initiatives. He was one of the major forces behind the creation of a modern manufacturing plant near the IDE complex that was officially opened earlier this year. Now, he is leading the charge for the establishment of another manufacturing center for Israeli diamantaires – this one for the production of diamonds of 10 carats and larger. He tells Rough & Polished about the importance that he, IDE President Shmuel Schnitzer and the IDE's board attach to bringing manufacturing back to Israel.

Belgium's Polished Exports +8%, Imports +28% in May


Belgium's polished diamond exports rose 7.7 percent year on year in May to $1.271 billion, while the price per carat jumped 12.5 percent to $1,993, according to data collected by the Antwerp World Diamond Centre. However, polished diamond imports surged 27.9 percent to $1.314 billion, leaving Belgium with a net polished export deficit of $43 million compared with net exports worth $154 million in May 2012.
Rough imports fell 5.4 percent in May to $1.051 billion and rough exports increased 6.1 percent to $1.221 billion. The data resulted in a rough import deficit of $170 million during the month compared with a deficit of $40 million one year ago. Belgium's net diamond account for May, reflecting the net difference between exports and imports, plummeted to a deficit of $3 million compared with a surplus of $194 million one year ago.
During the first five months of 2013, Belgium has exported $5.778 billion worth of polished diamonds, up 1.4 percent year-on-year, while polished imports have fallen 2.3 percent to $5.542 billion. Net exports of polished diamonds totaled $236 million compared with only $24 million for the same period in 2012. Rough imports of $5.929 billion during the first five months reflected a 5.5 percent year on year increase, and yet rough exports have risen 6.3 percent to $6.333 billion, leaving an import deficit of $404 million compared with a deficit of $335 million.
Belgium's net diamond account for the January through May period improved 78.3 percent year on year to $640 million.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished



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